Vonovia (OTCMKTS:VONOY – Get Free Report) is expected to announce its results before the market opens on Wednesday, November 4th. Analysts expect Vonovia to announce earnings of $0.2595 per share and revenue of $991.51 million for the quarter.
Vonovia (OTCMKTS:VONOY – Get Free Report) last announced its earnings results on Wednesday, August 5th. The company reported $0.47 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.24. The firm had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.01 billion. On average, analysts expect Vonovia to post $1.07 EPS for the current fiscal year and $1.08 EPS for the next fiscal year.
Vonovia Stock Down 0.3%
OTCMKTS VONOY opened at $9.18 on Wednesday. The firm’s fifty day simple moving average is $10.14 and its two-hundred day simple moving average is $12.48. Vonovia has a 12-month low of $8.99 and a 12-month high of $17.05.
Wall Street Analyst Weigh In
VONOY has been the subject of several analyst reports. Zacks Research upgraded Vonovia from a “strong sell” rating to a “hold” rating in a report on Monday, August 24th. Jefferies Financial Group reiterated a “buy” rating on shares of Vonovia in a research note on Wednesday, October 14th. Morgan Stanley cut Vonovia to an “underweight” rating in a research note on Tuesday, October 20th. Finally, The Goldman Sachs Group downgraded Vonovia from a “strong-buy” rating to a “hold” rating in a report on Monday, September 7th. Two equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold”.
Read Our Latest Analysis on Vonovia
About Vonovia
Vonovia SE is a European residential real estate company headquartered in Bochum, Germany. The company owns, manages and develops residential properties, with a portfolio focused primarily on apartments and homes for individuals and families.
Its activities include property management, tenant services, building maintenance, modernization and the development of new residential projects. Vonovia also provides related services such as energy solutions, technical building operations and other services intended to support the management and improvement of its properties.
Vonovia serves tenants primarily in Germany, Austria and Sweden.
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